Anita John

Advisor | License ID: SP40003521

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Listed by Ella Williams • Kissinger, Bigatel & Brower
Bought with Charles Dawson • RE/MAX Centre Realty

$ 315,000

$ 325,000 3.1%

Est. payment -/mo

Sold on 08/10/2026

116 S PENN ST Bellefonte, PA 16823

3,485 Sqft Lot

UPDATED:

Key Details

Sold Price $315,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PACE2515596

Sold Date 08/10/26

Year Built 1965

Annual Tax Amount $2,791

Tax Year 2025

Lot Size 3,485 Sqft

Acres 0.08

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Imagine stepping out of Bellefonte and into Italy, This restaurant has been owned by three generations of Italians and has a triple AAA rating in their service of quality food and service to Centre County. Located about one-half of a block from the county courthouse and in the downtown area everyone knows this business. When you purchase this property you get all the real estate, the business with a great reputation, all the equipment to run the business, all of the chattel items and private parking lots. This offers you a turn key operation. With the profits the business brings in and the rent of $925.00 from the three bedroom apartment upstairs you can look forward to a good lifestyle. Call today for the brochure which includes a list of equipment and chattel items and the sellers disclosure form.

Location

State PA

County Centre

Area Bellefonte Boro (16432)

Zoning CR

Interior

Hot Water Electric

Heating Central, Forced Air

Cooling Central A/C

Flooring Carpet, Ceramic Tile

Equipment Negotiable

Heat Source Natural Gas

Exterior

Garage Spaces 19.0

Utilities Available Cable TV, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available

Water Access N

View Street

Roof Type Asphalt,Shingle

Street Surface Access - On Grade,Alley,Paved

Accessibility 2+ Access Exits, Level Entry - Main, No Stairs, Ramp - Main Level

Road Frontage Boro/Township

Total Parking Spaces 19

Garage N

Building

Lot Description Rented Lot, Road Frontage, Year Round Access

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Bellefonte Area

Others

Tax ID 32-201-,010-,0000-

Ownership Fee Simple

Security Features Smoke Detector

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Anita John

Advisor | License ID: SP40003521

+1(415) 939-9924

GET MORE INFORMATION